SCHEDULE 13G/A: Freshworks Co-Founder Rathna Girish Mathrubootham Updates Beneficial Ownership to 4.3% Stake
Beneficial Ownership Report
Rathna Girish Mathrubootham, a co-founder of Freshworks Inc., has filed an amended Schedule 13G, reporting beneficial ownership of 4.3% of the company's Class A common stock as of December 31, 2024.
Summary
- Rathna Girish Mathrubootham, a co-founder of Freshworks Inc., beneficially owns an aggregate of 11,078,325 shares of Freshworks Inc. Class A common stock as of December 31, 2024.
- This ownership represents 4.3% of the Class A common stock outstanding.
- The total beneficial ownership includes 47,036 shares of Class A common stock directly held, 129,448 shares of Class A common stock issuable upon vesting of restricted stock units (RSUs) within 60 days of December 31, 2024.
- Additionally, the ownership includes 10,714,341 shares of Class B common stock held and 187,500 shares of Class B common stock issuable upon vesting of RSUs within 60 days of December 31, 2024.
- Each share of Class B common stock is convertible into one share of Class A common stock at the holder's option, and carries ten votes compared to one vote for Class A common stock.
- The percentage ownership calculation is based on 244,965,000 shares of Class A common stock outstanding as of December 31, 2024, plus the Class A and Class B shares beneficially owned by the Reporting Person that are convertible or issuable within 60 days.
Sentiment
Score: 5
Explanation: This filing is a standard beneficial ownership disclosure and does not contain performance or forward-looking statements that would indicate a positive or negative sentiment. It is a factual update on a co-founder's stake.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of beneficial ownership by a co-founder and does not provide specific industry context or trends. It reflects an individual's stake in a publicly traded software company.
Stakeholder Impact
- Shareholders will note the co-founder's continued significant ownership stake, which aligns interests with long-term company performance and governance.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires the filing of this statement (beneficial ownership position as of this date). |
| 02/14/2025 | Date the Schedule 13G Amendment No. 3 was signed and filed. |
Keywords
Freshworks Inc., Rathna Girish Mathrubootham, Schedule 13G, Beneficial Ownership, Class A Common Stock, Class B Common Stock, SEC Filing, Shareholding, Corporate Governance
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